Without the right legal tools in place, your assets might not end up where you intended. A well-structured estate plan helps ensure everything is handled smoothly, whether you want a simple transfer or a plan with built-in oversight. A pour-over will and a testamentary trust offer two different ways to manage your...
Category: Wills
Why Should I Add a Trust to My Will?
A will is a great starting point for an estate plan, but it may not be enough to fully protect your assets or ensure a smooth transfer to your loved ones. Without additional planning, your estate could go through probate, leading to delays, added costs, and a loss of privacy. A trust...
Can I Be a Beneficiary If I Do Not Live in California?
If you have been named as a beneficiary in a will or trust, you may wonder whether living outside of California affects your ability to inherit. The good news is that where you live does not prevent you from receiving what was left to you. Many beneficiaries no longer reside in the...
What Happens If You Forget to Put an Asset into Your Trust? A Pour-Over Will Can Help
What happens if I forget to put an asset into my trust? This is a question that many of our clients ask during our meetings. Creating a trust is one of the best ways to protect your assets and ensure they are distributed according to your wishes. But life moves fast, and...
Are Online Wills Valid?
These days, you can get anything online — even a will. But are online wills valid? The answer is that they can be valid. However, they may not be enough for your needs. Wills are meant to handle serious issues and usually should be created with the guidance of an experienced...
Does Charitable Giving in Your Estate Plan Have Tax Benefits?
When you start the process of estate planning, your main goals may include avoiding probate, protecting generational wealth, and ensuring that your spouse, children, or other family members are cared for in your absence. You might also consider legal options like wills and trusts, along with directives for healthcare, guardianship,...
3 Safe Ways to Store Your Estate Planning Documents
Estate planning is an essential part of preparing for the future. No one truly knows how much time they have, but everyone wants to ease the suffering of their loved ones when they’re gone.
The last thing you want is for a spouse, parents, or children to...
4 Key Estate Planning Documents for Young Adults
As a legal adult aged 18 or over, you are responsible for managing your assets and debts, which constitute your estate. Although most young adults have a long life ahead of them, unexpected events can occur, leaving you incapacitated or even resulting in loss of life.
Accidents and illnesses...
Ask an Attorney: How Can I Protect My Home From Medicaid?
Over 72 million Americans currently participate in Medicaid, a federal program designed to provide medical coverage for qualifying seniors, children, pregnant women, low-income individuals, SSI recipients, and patients with disabilities. Some states also fund expanded Medicaid programs for residents.
Many patients need the long-term coverage...
Revocable Living Trust vs. Will: Key Differences
As you begin to explore estate planning, it’s likely you’ll come across options like revocable living trusts and wills. At first glance, they can appear similar, but there are key differences that can have a significant impact on whether one is a better choice for your needs than the other.
